Booking Space

Transcript

1. Booking Space Coming to a University near you.
2. What is BookingSpace.net? BookingSpace.net is an expanding online booking platform that connects businesses to University classroom space.
3. THE PROBLEM University classrooms remain largely unused throughout the year This is a huge sunk cost All of this empty space is valuable... 70% of college classrooms are vacant at any given time during the typical 40 hour work week Weekends and summer months are even worse No easy way exists to book university space for outside companies
4. Solution A web platform where businesses can book university classroom space during off peak hours. SAVE MONEY Businesses save money vs costly alternatives EARN MONEY Colleges earn residual income from unused space SHARING ECONOMY Leverage open space to bring companies on campus Training rooms Seminars Certification Courses
5. Standard College Classroom College Classrooms exhibit cutting edge technology • Capacity 65 people • Transparency overhead projector • Fixed furniture • Stadium style seating (tiered) • Multiple Displays • Lectern microphone and wireless lav • VGA and HDMI • Projector • Mersive Screenshare • Document Camera • Video Conference/Lecture Capture • Podium Computer • Interactive Projector • Blu Ray
6. Business Model 5 We charge a 10% transaction fee Hourly Room Rate $275 University $243.50 Booking Space $27.50
7. Corporate Spend on off Premise Space USA. 2018 $90,000- $55,000 $4,900- $1,000 Median Transaction ~$2 Billion Big Spenders Median amount companies spend annually
8. Competitive Advantages 1st to Market Host Incentives Ease Of Use Trusted University Affiliate Lower Hourly Rates vs Alternatives University Appeal
9. Competition 8 MORE CONVENIENT LESS CONVENIENT LESS EXPENSIVE MORE EXPENSIVE College’s Website
10. The 10-2 Syndrome Colleges schedule majority of classes between the hours 10AM – 2PM http://www.gpb.org/news/2013/05/27/university-classrooms-often- empty Additional Info https://www.universityaffairs.ca/features/feature-article/maximizing-classroom-space/ https://www.carolinajournal.com/news-article/university-use-of-class-space-leaves-lots-of-room-for- improvement/